WHITMIRE, E.

Operated by FAULCONER, VERNON E., INC. (P-5 263701) in the MADISONVILLE, NE. (DEXTER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18821District 03Field 56593500NGPA filingOilCasinghead gasSaveExport
Value, all time
$427 k
Jan 1993 – Oct 2010
Value, last 12 filed months
$0
at the published price for each month
Months reported
214
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 32 leases and 35 wells, and the rule below applies to all of them.

Discovered
1960-09-04
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition6,433 bbl$178,722
Casinghead gasProduction96,361 Mcf$248,418
Total$427,140

49,057 Mcf of this lease's gas, across 43 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 30.9171, -96.0166. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.91712, -96.01663 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
9,212 ft
1 wells filed one
Completion to plug
25.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 9,212 ft.

Completions filed
Jul 1985
1 of 1 wells
Plug dates filed
Jul 2010
1 of 1 wells

Last completion to plug: a median of 25.0 years across the 1 well that filed both dates, with the middle half between 25.0 years and 25.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3133057819,212 ftJul 1985Jul 2010Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (214)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

214 months

Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20095221842.144.06$3,076
Feb 2009033632.814.63$1,557
Jan 200902435.865.37$129
Dec 200818920737.105.98$8,249
Nov 2008035255.496.86$2,415
Oct 2008038975.246.92$2,693
Sep 20080361101.767.88$2,844
Aug 20080372114.228.48$3,156
Jul 2008189435131.0811.39$29,729
Jun 20080303131.3313.03$3,949
May 20080742123.1711.57$8,588
Apr 20080438110.3110.45$4,579
Mar 20080728101.909.66$7,035
Feb 2008015692.538.77$1,368
Jan 2008019590.388.21$1,600
Dec 2007034288.337.30$2,497
Nov 2007028291.677.29$2,056
Oct 2007051782.856.92$3,579
Sep 2007049675.846.24$3,097
Aug 2007022169.066.39$1,412
Jul 2007056570.906.39$3,609
Jun 2007019962.007.55$1,502
May 200734532258.747.85$22,792
Apr 200703659.617.81$281
Mar 2007035256.927.30$2,570
Feb 2007037255.108.22$3,056
Jan 2007030950.306.73$2,079
Dec 20060256.656.92$14
Nov 2006037254.207.62$2,834
Oct 2006041954.906.01$2,520
Sep 2006038260.085.04$1,924
Aug 2006042768.717.34$3,134
Jul 2006032769.376.34$2,074
Jun 2006026966.286.38$1,717
May 2006050266.016.42$3,225
Apr 2006013064.397.36$957
Mar 2006026756.707.08$1,891
Feb 2006015357.597.75$1,186
Jan 200618221960.598.93$12,984
Dec 2005016654.9413.42$2,227
Nov 2005015954.6910.59$1,684
Oct 2005017658.3413.80$2,428
Sep 200508861.4512.08$1,063
Aug 2005041261.519.80$4,036
Jul 2005021655.697.84$1,694
Jun 2005023352.337.38$1,720
May 2005027845.226.65$1,849
Apr 200508349.207.36$611
Mar 2005031650.377.15$2,261
Feb 2005046045.226.31$2,903
Jan 200505743.166.32$360
Dec 2004045639.866.75$3,078
Nov 200418440045.286.33$10,864
Oct 2004065149.706.52$4,241
Sep 2004052143.245.28$2,753
Aug 2004042642.375.55$2,365
Jul 200418463438.286.08$10,901
Jun 2004057836.106.43$3,718
May 2004090837.486.49$5,897
Apr 2004086334.475.86$5,056
Mar 2004060134.365.53$3,324
Feb 2004034132.455.51$1,879
Jan 200418240832.036.30$8,400
Dec 2003032630.266.30$2,054
Nov 2003057628.804.60$2,647
Oct 2003047328.174.76$2,251
Sep 2003028626.314.75$1,358
Aug 2003055429.765.13$2,842
Jul 2003062129.415.17$3,211
Jun 200318653928.565.98$8,537
May 2003069726.595.97$4,163
Apr 2003047326.675.41$2,558
Mar 200318649531.146.10$8,810
Feb 2003049233.487.93$3,900
Jan 2003045930.315.58$2,562
Dec 2002036326.914.85$1,762
Nov 200218440324.664.14$6,205
Oct 2002037826.464.23$1,599
Sep 2002055727.443.64$2,025
Aug 2002054825.963.16$1,734
Jul 2002057924.583.06$1,773
Jun 200218247823.733.34$5,915
May 2002046524.663.58$1,667
Apr 2002040723.653.51$1,430
Mar 2002040122.003.10$1,244
Feb 2002040718.222.38$967
Jan 2002043117.172.38$1,024
Dec 20010016.932.36$0
Nov 20010718.072.41$17
Oct 200118546419.782.53$4,833
Sep 2001045124.262.25$1,015
Aug 2001023724.873.05$724
Jul 2001053623.933.20$1,714
Jun 20010024.563.82$0
May 200106625.524.31$284
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 2000023227.263.68$854
Apr 200018217124.513.12$4,994
Mar 2000018628.422.86$532
Feb 200018315627.622.73$5,480
Jan 2000018025.272.48$446
Dec 1999016424.282.42$397
Nov 1999019823.192.43$482
Oct 1999028420.982.80$796
Sep 1999044121.752.62$1,155
Aug 1999027019.262.88$776
Jul 1999015617.892.37$370
Jun 199921136015.942.36$4,214
May 1999052415.792.32$1,216
Apr 1999049715.102.21$1,097
Mar 199918643712.471.84$3,123
Feb 199903179.981.82$576
Jan 1999035710.381.90$678
Dec 199802589.201.77$458
Nov 1998047510.892.19$1,038
Oct 199818759612.421.97$3,496
Sep 1998043212.592.08$900
Aug 1998042511.301.91$811
Jul 199803211.742.24$72
Jun 1998016211.242.24$362
May 199820213712.622.21$2,852
Apr 199802113.042.51$53
Mar 1998023312.802.31$538
Feb 199819018713.952.30$3,080
Jan 1998024514.702.15$528
Dec 1997010016.322.41$241
Nov 1997015618.193.09$482
Oct 1997036919.253.15$1,162
Sep 199718623317.742.95$3,988
Aug 1997028517.862.55$728
Jul 1997039817.582.25$894
Jun 1997045117.242.26$1,018
May 199715543518.972.31$3,945
Apr 1997046017.882.08$958
Mar 199719128918.951.94$4,180
Feb 1997022020.492.21$485
Jan 199718443723.483.54$5,867
Dec 1996026423.32$0
Nov 199618653521.97$4,086
Oct 1996084323.31$0
Sep 199602,41722.22$0
Aug 199602,06420.26$0
Jul 199602,03919.55$0
Jun 199601,47518.73$0
May 199601,79719.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 199519033016.00$3,040
Oct 199501,18015.43$0
Sep 199518478816.18$2,977
Aug 199501,13115.92$0
Jul 199501,26615.24$0
Jun 1995079816.41$0
May 19951881,16217.56$3,301
Apr 199501,06917.73$0
Mar 199501,37016.44$0
Feb 19951731,13416.58$2,868
Jan 1995078715.92$0
Dec 19945968615.03$887
Nov 1994375015.90$48
Oct 1994074815.58$0
Sep 1994047715.29$0
Aug 1994022316.13$0
Jul 199418047017.56$3,161
Jun 1994055917.09$0
May 199401,39915.88$0
Apr 199418889714.14$2,658
Mar 1994045312.46$0
Feb 1994038512.50$0
Jan 199401,57712.66$0
Dec 199318599912.33$2,281
Nov 199302,25514.49$0
Oct 199302,82115.85$0
Sep 19931822,03615.03$2,735
Aug 19931821,70415.66$2,850
Jul 1993048115.46$0
Jun 199301916.79$0
May 199302,69617.68$0
Apr 199301,72318.05$0
Mar 1993461,20818.14$834
Feb 1993088117.90$0
Jan 199301,16116.93$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Mar 2009 — as filed, then multipliedworked
Oil                   52 bbl  × $ 42.14 =     $2,191
Casinghead gas       218 Mcf  × $  4.06 =       $885

────────────────────────────────────────────────────
Month total                                   $3,076

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 03/O/18821 is the state's own key, not one this site invented.